Burger King franchise 'refuses' to close 800 restaurants in Russia, company says

  • 📰 ABC7NY
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

A Burger King business partner is refusing to close 800 restaurants in Russia, the company said.

Burger King is trying to suspend its operations in Russia, but that's proving difficult. A business partner controlling 800 restaurants has"refused" to close them, the company said.

"We started the process to dispose [of] our ownership stake in the business," said David Shear, president of RBI's international operations, in an open letter."While we would like to do this immediately, it is clear that it will take some time to do so based on the terms of our existing joint venture agreement."

Shear said that RBI has"demanded" that the joint venture immediately close the Burger Kings, but Kolobov has"refused to do so." Shear explained that a"complicated legal process" is preventing it from shutting down the partnership and businesses.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 592. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Boycott nyc✊🏾

Burger king should stay out of politics. Ukrainian people are not better than Russian people or us for that matter. Diplomacy now not more guns. Peace or death is the only choice.

Prolly said it in that heavy Russian accent while giving Putin a thumbs up behind their back. 🤣🤣

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Burger King franchise 'refuses' to close 800 restaurants in Russia, company saysBurger King is trying to close 800 of its restaurants in Russia. There's just one problem: The Russian franchise operator is refusing
Source: ABC7 - 🏆 67. / 68 Read more »

Burger King franchise 'refuses' to close 800 restaurants in Russia, company saysA Burger King business partner is refusing to close 800 restaurants in Russia, the company said. So fine em everyday they’re open🤷🏻‍♂️ Boycotting burger kids. Don't eat there boycott the ones in the states.
Source: 6abc - 🏆 250. / 63 Read more »

Burger King franchise 'refuses' to close 800 restaurants in Russia, company saysA Burger King business partner is refusing to close 800 restaurants in Russia, the company said. Wont eat BK anymore then. Hope they reconsider Knew Burger King was strugglin but damn🥴
Source: abc13houston - 🏆 255. / 63 Read more »

Burger King business partner refuses to close Russian restaurantsBurger King said that its business partner controlling approximately 800 restaurants in Russia has 'refused' to suspend operations in the country. Burger Oligarch doesn't roll off the tongue in the same way. Can't leggo off the American way of life. Mr & Mrs Russia. Trying to have your burger and eat it too.
Source: axios - 🏆 302. / 63 Read more »